AMN: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
AMN
Largest movements
- Tangible fixed assets -€19,311
down €19,311 (-11.8%), from €163,336 to €144,025
- Cash -€7,652
down €7,652 (-68.0%), from €11,251 to €3,600
mainly Debts after one year (-€39,513) and Trade debts (-€2,606)
- Debts after one year -€39,513
down €39,513 (-53.1%), from €74,393 to €34,880
- Other debts +€13,150
up €13,150 (+29.5%), from €44,610 to €57,760
- Trade debts -€2,606
down €2,606 (-45.3%), from €5,755 to €3,149
- Gross operating margin -€3,028
down €3,028 (-8.7%), from €34,958 to €31,930
- Depreciation +€1,439
up €1,439 (+8.1%), from €17,872 to €19,311
- Other operating charges +€910
up €910 (+303%), from €301 to €1,211
- Financial charges -€833
down €833 (-15.6%), from €5,333 to €4,500
- Staff costs +€468
up €468 (+7.7%), from €6,070 to €6,538
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,721 | €148,907 | -€27,814 | -15.7% |
| Fixed assets | 21/28 | €163,336 | €144,025 | -€19,311 | -11.8% |
| Tangible fixed assets | 22/27 | €163,336 | €144,025 | -€19,311 | -11.8% |
| Plant, machinery and equipment | 23 | €163,336 | €144,025 | -€19,311 | -11.8% |
| Current assets | 29/58 | €13,385 | €4,882 | -€8,503 | -63.5% |
| Cash at bank and in hand | 54/58 | €11,251 | €3,600 | -€7,652 | -68.0% |
| Deferred charges and accrued income | 490/1 | €2,134 | €1,282 | -€851 | -39.9% |
| Total equity and liabilities | 10/49 | €176,721 | €148,907 | -€27,814 | -15.7% |
| Equity | 10/15 | €11,358 | €11,719 | +€361 | +3.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €9,358 | €9,719 | +€361 | +3.9% |
| Distributable reserves | 133 | €9,358 | €9,719 | +€361 | +3.9% |
| Amounts payable | 17/49 | €165,363 | €137,188 | -€28,175 | -17.0% |
| Amounts payable after more than one year | 17 | €74,393 | €34,880 | -€39,513 | -53.1% |
| Financial debts | 170/4 | €74,393 | €34,880 | -€39,513 | -53.1% |
| Amounts payable within one year | 42/48 | €90,971 | €102,308 | +€11,338 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €38,433 | €39,783 | +€1,349 | +3.5% |
| Trade debts | 44 | €5,755 | €3,149 | -€2,606 | -45.3% |
| Suppliers | 440/4 | €5,755 | €3,149 | -€2,606 | -45.3% |
| Taxes, remuneration and social security | 45 | €2,173 | €1,617 | -€555 | -25.6% |
| Taxes | 450/3 | €1,563 | €1,414 | -€150 | -9.6% |
| Remuneration and social security | 454/9 | €609 | €203 | -€406 | -66.6% |
| Other amounts payable | 47/48 | €44,610 | €57,760 | +€13,150 | +29.5% |
| Remuneration, social security and pensions | 62 | €6,070 | €6,538 | +€468 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,872 | €19,311 | +€1,439 | +8.1% |
| Other operating charges | 640/8 | €301 | €1,211 | +€910 | +303% |
| Gross operating margin | 9900 | €34,958 | €31,930 | -€3,028 | -8.7% |
| Operating profit (loss) | 9901 | €10,715 | €4,870 | -€5,845 | -54.5% |
| Financial income | 75/76B | - | €27 | +€27 | |
| Recurring financial income | 75 | - | €27 | +€27 | |
| Financial charges | 65/66B | €5,333 | €4,500 | -€833 | -15.6% |
| Recurring financial charges | 65 | €5,333 | €4,500 | -€833 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €5,382 | €397 | -€4,985 | -92.6% |
| Income taxes | 67/77 | €489 | €36 | -€453 | -92.6% |
| Profit (loss) for the period | 9904 | €4,893 | €361 | -€4,531 | -92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,893 | €361 | -€4,531 | -92.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.